Exxon 2007 profit 40.6 BILLION. Not all $$$ going to the sand box! Hedge funds have huge holding of sub prime loans.
Stockton, CA is the mother of all mothers for the start in 2002 of the greed that spun the sub prime loans. Only about 40 percent into the sub prime loan trick bag. Will run it course in about 10 years. The D word is now following the R word. As long most keep their jobs the R word is nothing to speak about. On the other hand the ones who lose the jobs the R word will drownd a large share.
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Today's Featured Article - History of the Field Marshall Tractor - by Anthony West. Any restorer who has some knowledge of turn of the century farm machinery, will recognize the name Lanz Bulldog!! This machine was to say the least unusual in its appearance. The huge flywheel and coffee percolator shaped exhaust. Along with square body lines and cylinder head protruding forward of the front axle. Would become the visual differentiation that people would quote to separate the Lanz from other period machines. The Marshall company based at the Briannia Works in Gainsborough
... [Read Article]
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